Wasatch Micro Cap Fund Price on November 27, 3312
| WGICX Fund | USD 8.78 0.02 0.23% |
Below is the normalized historical share price chart for Wasatch Micro Cap extending back to January 31, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Wasatch Micro stands at 8.78, as last reported on the 11th of December 2024, with the highest price reaching 8.78 and the lowest price hitting 8.78 during the day.
If you're considering investing in Wasatch Mutual Fund, it is important to understand the factors that can impact its price. Wasatch Micro appears to be not too volatile, given 3 months investment horizon. Wasatch Micro Cap shows Sharpe Ratio of 0.16, which attests that the fund had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Wasatch Micro Cap, which you can use to evaluate the volatility of the fund. Please utilize Wasatch Micro's Mean Deviation of 0.9623, downside deviation of 1.1, and Market Risk Adjusted Performance of 0.6632 to validate if our risk estimates are consistent with your expectations.
Wasatch Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Wasatch |
Sharpe Ratio = 0.1633
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Estimated Market Risk
| 1.33 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Wasatch Micro is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Wasatch Micro by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Wasatch Micro Mutual Fund history
Wasatch Micro investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Wasatch is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wasatch Micro Cap will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Wasatch Micro stock prices may prove useful in developing a viable investing in Wasatch Micro
The fund invests at least 80 percent of the funds net assets in the equity securities, typically common stock, of micro-capitalization companies. The adviser considers a company to be a micro-capitalization company if its market capitalization, at the time of purchase, is less than the larger of 1.5 billion or the market capitalization of the largest company in the Russell Microcap Index. It may invest up to 30 percent of its total assets at the time of purchase in equity securities issued by foreign companies.
Wasatch Micro Mutual Fund Technical Analysis
Wasatch Micro technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Wasatch Micro Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Wasatch Micro December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Wasatch Micro mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wasatch Micro shares will generate the highest return on investment. By undertsting and applying Wasatch Micro mutual fund market strength indicators, traders can identify Wasatch Micro Cap entry and exit signals to maximize returns
Wasatch Micro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wasatch Micro's price direction in advance. Along with the technical and fundamental analysis of Wasatch Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wasatch to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1465 | |||
| Jensen Alpha | 0.2042 | |||
| Total Risk Alpha | 0.04 | |||
| Sortino Ratio | 0.1205 | |||
| Treynor Ratio | 0.6532 |
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Other Information on Investing in Wasatch Mutual Fund
Wasatch Micro financial ratios help investors to determine whether Wasatch Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wasatch with respect to the benefits of owning Wasatch Micro security.
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